This is because the EV Fringe Benefits Tax (FBT) exemption for novated leased vehicles is ending for PHEVs. This isn’t a good outcome for anyone who wants to save money leasing a new PHEV and save ...
For now, if you’re buying a PHEV or EV under the Luxury Car Tax (LCT) threshold ($91,387) through a novated lease, you’re exempt from fringe benefits tax (FBT). 100s of new car deals are available ...
This is because the EV Fringe Benefits Tax (FBT) exemption for novated leased vehicles is ending for PHEVs.
BYD will meet the expected high demand for the Shark 6 before the current fringe benefits tax exemption is closed for plug-in hybrid electric vehicles.